Latest News
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Tech Mahindra Q4 Net Profit Falls 41%, Announces Growth Strategy -
3 Bonus, 1:2 Split, 38 Dividends: Rs 1,915 Midcap IT Stock To Pay 360% Dividend After Q4 Profit Rises -
EU Finds No New ETO Cases in Indian Organic Exports Post-Dec 2020 -
1:5 Stock Split Approved: Defence Stock To Be Cheaper Soon, Shares Zoom 507% In 1-Yr -
Edelweiss Alternatives Expands Portfolio with Bengaluru's MMTP Projects Acquisition -
1:2 Split, 1:1 Bonus, Rs 28/Sh Dividend: Mahindra's IT Stock To Pay 560% Dividend; Check Record, Payment Dates -
Kotak Mahindra Bank Takes Steps to Address RBI's IT Compliance Issues -
IndiGo to Expand Fleet with Up to 100 Airbus A350 Wide-Body Aircraft -
Dimapur Businesses Announce Shutdown Over Rampant Illegal Taxation -
ICEA Proposes Semiconductor Design, Manufacturing as India's Strategic Sector
Markets Trade Higher, ONGC Rallies
Benchmark indices were trading higher, even as most of Asian markets were subdued and Dow Futures pointed to slightly higher openings for the US markets.
Most of the Asian markets were trading with slight gains with the Japanese Nikkei higher by near half per cent, while the Australian S&P/ASX 200 was also up and so were stocks in mainland China.
The Nifty was trading with gains of 61 points at 10,152 points.
Reliance shares once again gained in trade to hit a new record high and was up 1 per cent, after the company announced the eleventh investment in Jio Platforms by Public Investment Fund worth Rs 11,367 crore.
HDFC Asset Management Company saw its shares fall after the offer-for-sale (OFS) by promoter Standard Life Investments closed on Thursday and saw a subscription of 82 per cent of the portion reserved for them.
Tata Motors shares were trading higher, even as Moody's Investors Service said it has downgraded Tata Motors' corporate family rating and the company's senior unsecured instruments rating to B1 from Ba3.
Government owned MOIL shares dropped 3 per cent, after the company reported a sharp fall of over 90 per cent in its consolidated net profit at Rs 13.47 crore. The stock was last seen trading at Rs 152.70.
